Due to divergence, a small pop in oil, a gap, the prem, the time frame, the location (all time high) and small weakness in other airlines.
AMZN is clearing 2 really nice resistance levels. This is a retest gap, because yesterday was a white candle. Therefore, on the 5 min chart, we can wait for a retest. What would be perfection is if AMZN retests the 336 level and bounces.
MCD expected to open at 91.50 for a Perfect Gap N Go. To learn to trade this strategy for free go to www.RealLifeTrading.com
FLEX expected to open at 11.20 for a Perfect Gap N Go. To learn to trade this strategy for free go to www.RealLifeTrading.com
150/149 weekly bull put spread. I would not even look at spread unless we close below 154 on the hourly. The only way I would unravel spread is if we open, gap below 151.61 which is also line in the sand. .06 limit expiring this week .Analysis on 1/28/15 WW
207 / 208 197, 196 Iron condor on SPY expiring this week. .05 limit I would not even look at BPS unless we moved below 198 on the hourly. And for the BCS 206.40 on the hourly. (Let's do the analysis on this one. Prem isn't that great
A gap down below 60.50 is a nice retest gap. A gap up above 66.50 would be the best bullish gap. Newsome calls for a gap down. If we do not clear 60.50 strongly, HOG likely could bounce off that low.
BA expected to open at 136.35 for a Retest Gap. To learn this strategy for free go to www.RealLifeTrading.com
YHOO expected to open at 49.95 for a Gap N Go. To learn this strategy for free go to www.RealLifeTrading.com
AAPL expected to open at 117.75 for a Perfect Gap N Go. To learn this strategy for free go to www.RealLifeTrading.com